Navios Maritime Partners L.P. Reports Financial Results for the Fourth Quarter and Year Ended December 31, 2015
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Go back to Navios Maritime Partners L.P. Reports Financial Results for the Fourth Quarter and Year Ended December 31, 2015
February 4, 2016 12:52 PM EST
Morgan Stanley downgraded Navios Maritime Partners (NYSE: NMM) from Equalweight to Underweight with a price target of $0.50 (from $3.00).
For an analyst ratings summary and ratings history on Navios Maritime Partners click here. For more ratings news on Navios Maritime Partners click here.
Shares of Navios Maritime Partners closed at $1.55 yesterday.
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February 3, 2016 9:02 AM EST
Deutsche Bank downgraded Navios Maritime Partners (NYSE: NMM) from Buy to Hold with a price target of $1.25 (from $6.00).
Analyst Amit Mehrotra said, "The move reflects managements surprising announcement this morning to suspend entirely its cash distribution of 85c per share,... More
February 3, 2016 8:17 AM EST
Navios Maritime Partners (NYSE: NMM) reported Q4 EPS of $0.09, $0.06 worse than the analyst estimate of $0.15. Revenue for the quarter came in at $53.3 million versus the consensus estimate of $59.63 million.
Angeliki Frangou, Chairman and Chief Executive Officer of Navios Partners stated, For 2015, we reported $153.3 million of EBITDA and earned $41.8 million of net income. Our net income per unit for the... More
